Renewable Energy World: Back in January, the Federal Energy Regulatory Commission (FERC) approved a new rule that applies to energy storage projects. Known as Order 841, the rule allows energy storage to participate in wholesale energy markets for the first time ever. Many in the industry believe that this move could be a “game-changer” for energy storage.
In its ruling, FERC gave regional grid operators, known as Independent system operators (ISO), nine months to come up with a “participation model” for storage, which they are diligently working on right now.
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